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Baku Insightsas of Oct 2026
Population size
2.3 M People
Household size
4.2 People
Median household income
12,000 USD
Cost of living index
65.0 index
Retail sales per capita
3,500 USD
Disposable income
9,000 USD
Number of competitors
150 stores
Presence of anchor tenants
5 stores
Foot traffic from nearby businesses
10,000 visits/day
Rent costs
15 USD/sqft
Property values
2,000 USD/sqm
Business permits
200 permits/year
Availability of retail space
9290 sqm
Parking availability
2,000 spaces
Pedestrian traffic
15,000 people/day
Vehicle traffic
50,000 vehicles/day
Commute times
25 minutes
Crime statistics
500 incidents/100,000 people
Shoplifting rates
100 incidents/100,000 people
Tourist spending
500 USD/tourist
Tourist footfall
2,000,000 visits/year
Major local events
10 events/year
Seasonal attractions
5 attractions
Total retail space
464,515 sqm
Retail space per capita
0 sqm
Major upcoming retail projects
3 projects
Number of existing malls
8 malls
Total retail footfall
50,000,000 visits/year
Trade area population
3,000,000 people
Walkability score
75.0 index
Parking capacity in comparable malls
3,000 spaces
Major upcoming retail projects
5 projects
Retail Destinations in Baku
Browse 10 retail destinations in Baku, Azerbaijan. Explore retail leasing opportunities, space availability, and market analytics on Occupi.
Baku at a Glance
- Total Properties10
- CountryAzerbaijan
